For which of the following statements is it not possible to arrive at an answer due to information missing from the question:

$($i$)$ Clapton Itd, with a $31$st Dec year$-$end, bought a vehicle $($non$-$current asset$)$ for $12,000$ on $1$st January $2013.$ The vehicle, with a residual value of $2,000,$ is depreciated annually using the reducing balance method over its useful life of $5$ years. The asset is sold on $31$ st Dec $2017$ for $3,000.$ Compute the profit or loss made from the disposal of the vehicle.

$($ii$)$ Peterson Itd has a $31$st December year$-$end. In $2016,$ its first year of operations, it bought inventory of $350,000$ on credit and $100,000$ in cash. The closing inventory as of $31$ st December $2016$ was $200,000.$ Compute the cost of goods sold for $2016.$

Select one:

a$.($i$)$ and $($ii$)$

b$.$ There is no information missing from statements $($i$)$ and $($ii$)$ and it is possible to arrive at an answer for both statements.

c$.($i$)$

d$.($ii$)$